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Examples
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Volume jumped 24% as carloadings of each commodity group except coal increased.
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That, they figured, meant some stability for railroads since carloadings of coal, in particular, represent about 40% of the industry's tonnage and 23% of its revenue.
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In the past four weeks, the volume of coal carloadings has dropped by 11%, more than double the pace in the first quarter, according to Association of American Railroads data.
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The company said severe winter storms have cut carloadings over the past two weeks by 3% compared with a year earlier.
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Indeed, it is rapidly becoming a truism that human progress can no longer be equated merely with economic growth, spiraling economic indices of railroad carloadings, steel production, automobile assembly lines.
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"Overall, if those sort of numbers were to hold up on the carloadings, that could provide some indication" of robust goods-production growth, said Mark Chandler, head of fixed income strategy at Royal Bank of Canada's capital markets unit in Toronto.
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Meanwhile, carloadings increased four per cent and revenue ton-miles - a measure of railway operations - rose five per cent.
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C$2,260 million, while carloadings increased four per cent and revenue ton-miles increased five per cent.
unknown title 2011
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Fourth-quarter carloadings and revenue ton-miles grew by more than 10 per cent, while full-year carloadings were up 18 per cent over 2009 and revenue ton-miles increased by 12 per cent.
CN reports Q4-2010 net income of C$503 million, or C$1.08 per diluted share - Yahoo! Finance 2011
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Fourth-quarter carloadings and revenue ton-miles grew by more than 10 per cent, while full-year carloadings were up 18 per cent over 2009 and revenue ton-miles increased by 12 per cent.
CN reports Q4-2010 net income of C$503 million, or C$1.08 per diluted share - Yahoo! Finance 2011
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